U.S. GoldMining Inc. announced that it has commenced drilling at its 100% owned Whistler Gold-Copper Project (the Whistler Project or Project) for the 2024 field season in Alaska. The program is focused on confirmatory infill and step-out drilling within the Whistler and Raintree West deposits at the Project. The Whistler Project comprises four distinct mineral deposits: Whistler, Raintree West Pit, Raintree West Underground, and Island Mountain.

Its current combined mineral resource estimate includes 2.99 million gold equivalent (AuEq) ounces in the indicated category and 6.45 million AuEq ounces in the inferred category. 2024 Exploration Drilling Program Commenced: Confirmatory infill drilling has commenced at the Raintree West deposit with the aim to advance the geological model and test the deposit beyond its currently known mineral extents; Drilling is also planned for the Whistler deposit with the aim of further delineating and extending areas of high-grade mineralization, building upon the success of the 2023 drilling program which returned the longest drill intercept of consistent mineralization ever recorded at the project: WH23-03 intersected 547.15 meters at 1.06 grams per tonne (g/t) AuEq, comprised of 0.77 g/t gold (Au), 0.17% copper (Cu) and 1.55 g/t silver (Ag), from 53.0 meters depth to end of hole at 600.15 meters; Surface exploration activities are expected to test drill targets within the broader Whistler Orbit, a classic 'porphyry cluster' with potential to discover additional mineralized intrusive centers.